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Home Q & A Board Other Fields Homework Help Business Economics
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krishna2018 krishna2018
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5 years ago
Economies of scale will lead to only one firm in the industry because
A) by increasing output a firm is able to lower the cost per unit and charge lower prices driving smaller firms out of business.
B) one firm has an average cost curve, which has shifted below the average cost curves of its competitors.
C) there are governmental entry restrictions.
D) of government licensing.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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billybob888billybob888
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5 years ago
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krishna2018 Author
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#2
5 years ago
Smart ... Thanks!
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